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Topic
Board Beginners & Help
Re: Hello Beginner here
by
rickdeed1956
on 27/01/2018, 22:40:32 UTC
Greetings everyone,

I am new to crypto currency and have been reading and learning about Bitcoin mining. I am curious if it is still profitable?


The first thing people need to do is check a few statistics. This includes the mining hardware’s hashrate execution, the Bitcoin network’s current difficulty, and the electrical costs associated with a mining device.

These steps are needed to assess the performance of a custom built or purchased a mining computer. Building custom mining rigs are slowly becoming a dying art as pre-assembled mining computers with Application-Specific Integrated Circuitry (ASIC) have become a dominant force within the industry.